Form 4: Materion Corp Director Toth Acquires Restricted Stock Units Through Dividend Reinvestment

Director Robert B. Toth acquired restricted stock units in Materion Corp through dividend reinvestment on September 6, 2024.

Summary

• On September 6, 2024, Robert B. Toth, a director of Materion Corp, acquired restricted stock units (RSUs) as a result of dividend reinvestment.
• The transaction involved the acquisition of 1 RSU, representing the right to receive one share of MTRN common stock.
• These units will vest at the same time as the restricted stock units to which they relate, which is the earlier of May 10, 2025, and the date of the next annual meeting of MTRN's shareholders.
• Following the reported transaction, Toth directly owns 1,152 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction of dividend reinvestment. It's neither significantly positive nor negative.

Positives

• The acquisition of restricted stock units through dividend reinvestment demonstrates the director's continued investment in the company's future.

Future Outlook

The restricted stock units will vest on the earlier of May 10, 2025, or the date of the next annual meeting of Materion's shareholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's acquisition of restricted stock units through dividend reinvestment, a common practice.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates